Are you regretting buying overpriced Subaru Legacy insurance in Columbia? It's quite common and many Columbia consumers feel financially strained by their auto insurance policy.
It's hard to fathom, but most South Carolina auto insurance customers have stayed with the same insurance company for at least four years, and approximately 40% of consumers have never quoted rates to find lower-cost coverage. The average driver in the U.S. could save almost 46.5% every year just by comparing rates, but they just assume it's a time-consuming process to compare rate quotes online. Multiple insurers compete for your insurance dollar, so it's not easy to compare every company to get the lowest cost out there.
If you're already insured or just want to reduce your rates, use these tips to find better prices while maintaining coverages. Buying the cheapest auto insurance in Columbia can be much easier if you know how to start. Shoppers just have to know how to compare insurance rates online.
Get Cheap Insurance Costs by Understanding These Factors
Multiple criteria are considered when you get a price on insurance. Some factors are common sense such as your driving history, but some are not as apparent such as your credit history or your vehicle rating. Consumers need to have an understanding of the rating factors that help calculate your insurance rates. If you understand what determines premiums, this enables informed choices that will entitle you to much lower annual insurance costs.
The factors shown below are some of the items that factor into premiums.
Theft deterrents save - Purchasing a vehicle with anti-theft technology or alarm system can save you a little every year. Anti-theft features such as OnStar, LoJack tracking, and tamper alarms can thwart your vehicle from being stolen.
Remove unneeded extra coverages - There are many extra coverages you can purchase if you don't pay attention. Things like vanishing deductibles, towing coverage, and extra equipment coverage are examples of these. They may seem like a good idea when buying your policy, but if they're wasting money get rid of them and save.
Save money with high credit - A driver's credit score will be a significant factor in your rate calculation. Drivers who have excellent credit scores tend to be less risk to insure than drivers who have poor credit. So if your credit history is low, you could be paying less to insure your Subaru Legacy by improving your rating.
Costs can change based on your address - Choosing to live in areas with lower population is a positive aspect when talking about insurance. City drivers have to deal with more auto accidents and longer commute times. Fewer drivers corresponds to lower accident rates.
Insurance loss statistics a Subaru Legacy - Car insurance companies analyze the history of losses to calculate a price that offsets possible losses. Models that have a trend towards higher claim severity or frequency will cost more to insure.
The table shown below demonstrates the insurance loss data for Subaru Legacy vehicles. For each insurance policy coverage type, the statistical loss for all vehicles averaged together is represented as 100. Percentage numbers below 100 suggest a better than average loss history, while percentage values above 100 point to more claims or statistically larger claims.
Insurance Loss Ratings for Subaru Legacy Vehicles
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Subaru Legacy 4WD||74||64||115||83||80||76|
|Subaru Legacy with Eyesight 4WD||71||52||122||71|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
How to compare Columbia Subaru Legacy insurance quotes
Getting a cheaper price on Subaru Legacy insurance can be surprisingly simple. The only thing you need to do is spend a few minutes to compare rates to discover which company has inexpensive Columbia auto insurance quotes.
It's so fast and easy to compare rate quotes online that it replaces the need to actually drive to local Columbia insurance agencies. Quoting Subaru Legacy insurance online eliminates the middleman unless your situation requires the professional advice only provided by licensed Columbia agents. You can, however, find lower rates online but buy from a local insurance agent.
The providers in the list below are our best choices to provide price quotes in South Carolina. If multiple providers are shown, we suggest you visit two to three different companies in order to find the most affordable rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Legacy 2.5I Premium||$234||$280||$380||$22||$114||$1,030||$86|
|Legacy 2.5I Premium||$198||$274||$296||$18||$88||$874||$73|
|Legacy 3.6R Premium||$314||$436||$304||$18||$92||$1,164||$97|
|Legacy 2.5I Limited||$390||$600||$378||$22||$112||$1,502||$125|
|Legacy 2.5GT Premium||$194||$322||$328||$20||$98||$962||$80|
|Legacy 3.6R Limited||$216||$372||$378||$22||$112||$1,100||$92|
|Legacy 2.5 GT Limited||$354||$514||$296||$18||$88||$1,270||$106|
|Legacy 2.5 GT Limited||$406||$644||$392||$24||$118||$1,584||$132|
|Legacy 2.5 GT Limited||$232||$358||$278||$16||$84||$968||$81|
|Get Your Own Custom Quote Go|
Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and South Carolina minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Table data does not factor in specific location information which can increase or decrease prices considerably.
Drive responsibly or pay higher rates
The information below demonstrates how citations and accident claims increase Subaru Legacy yearly insurance costs for different ages of insureds. The premiums assume a married male driver, comp and collision included, $250 deductibles, and no policy discounts are applied.
Will you really save $450 on car insurance?
South Carolina drivers can't avoid all the ads for cheaper car insurance from companies such as State Farm, Allstate and GEICO. They all advertise claims about saving some big amount if you just switch your coverage to them.
How does every company offer drivers better rates? Here is how they do it.
Most companies have a preferred profile for the type of driver that earns them the highest profit. One example of a profitable insured might have to be over the age of 40, has a low-risk occupation, and does not commute to work. Anyone who matches that profile will probably get the lowest auto insurance rates and is almost guaranteed to save some money.
Potential insureds who don't measure up to this ideal profile will probably have to pay higher premiums with the end result being business going elsewhere. Company advertisements say "customers who switch" not "everyone who quotes" save that much money. That's why companies can lure you into getting a quote.
Each company has different criteria, so you absolutely need to compare quotes as often as possible. It is just not possible to predict with any certainty which company will provide you with the cheapest Subaru Legacy insurance in Columbia.
Why you need insurance for your Subaru Legacy
Despite the high cost, paying for auto insurance is most likely required but also gives you several important benefits.
- The majority of states have compulsory liability insurance requirements which means state laws require a specific minimum amount of liability in order to drive the car. In South Carolina these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you bought your vehicle with a loan, most banks will require you to have comprehensive coverage to ensure the loan is repaid in case of a total loss. If you let the policy lapse, the lender may insure your Subaru at a more expensive rate and make you pay much more than you were paying before.
- Insurance safeguards not only your vehicle but also your assets. It will also pay for medical transport and hospital expenses incurred in an accident. As part of your policy, liability insurance also pays for attorney fees and expenses if someone files suit against you as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, your auto insurance policy will pay to have it repaired.
The benefits of having insurance definitely exceed the price paid, especially for larger claims. Today the average American driver is overpaying over $850 per year so we recommend shopping around once a year at a minimum to ensure rates are competitive.
Get cheaper Subaru Legacy insurance in Columbia with discounts
Auto insurance is expensive, but you might already qualify for some discounts that may help make it more affordable. Larger premium reductions will be automatically applied when you quote, but a few must be requested specifically prior to receiving the credit.
- Membership in Organizations - Belonging to specific professional or occupational memberships or organizations can get you a small discount when shopping for auto insurance.
- Good Student - Getting good grades can save 20 to 25%. This discount can apply up until you turn 25.
- Discount for Life Insurance - Larger auto insurance companies have better rates if you take out some life insurance too.
- Distant College Student Discount - Kids who are enrolled in a college that is more than 100 miles from Columbia and leave their car at home can receive lower rates.
- Data Collection Discounts - Columbia drivers who agree to allow companies to track when and where they use their vehicle remotely like Drivewise from Allstate or In-Drive from State Farm may see discounts if they are good drivers.
Just know that most credits do not apply to the entire policy premium. Some only apply to specific coverage prices like liability and collision coverage. Even though it may seem like all those discounts means the company will pay you, that's just not realistic.
Insurance companies that possibly offer most of the discounts above include:
If you need the cheapest Subaru Legacy rate quotes, ask every company the best way to save money. Discounts might not be available to policyholders in every state. If you would like to view auto insurance companies that provide some of the discounts listed above in Columbia, click here to view.
When to talk to an insurance agent
A lot of people would rather talk to a local agent and that is not a bad decision Most agents can help you build your policy and help in the event of a claim. The best thing about comparing rates online is you may find cheaper prices and still have a local agent. Buying from and supporting local insurance agents is especially important in Columbia.
After completing this quick form, the coverage information is transmitted to participating agents in Columbia that give free quotes and help you find cheaper coverage. You never need to do any legwork as quotes are delivered immediately to you. In the event you want to quote rates from a specific company, you would need to jump over to their website and fill out their quote form.
Columbia car insurance agents come in two flavors
If you are searching for an insurance agent, it's helpful to know the types of insurance agents and how they can quote your rates. Agents in Columbia may be either independent agents or exclusive agents. Both types can write policy coverage, but it's good to learn the difference in the companies they write for because it can influence buying decisions.
Independent Insurance Agents
These agents can quote rates with many companies so they can quote policies through many companies and get the cheapest rates. If prices rise, your agent can switch companies and you don't have to do anything. When comparison shopping, you will want to contact a few independent agents for maximum quote selection.
Featured below is a partial list of independent agencies in Columbia that may be able to give you comparison quotes.
Exclusive Car Insurance Agencies
Agents that choose to be exclusive can only provide pricing for a single company and examples are Farmers Insurance, American Family, State Farm and Allstate. They are unable to give you multiple price quotes so if the price isn't competitive there isn't much they can do. Exclusive agents are well schooled on what they offer which helps them sell insurance even at higher premiums.
Listed below is a short list of exclusive insurance agents in Columbia that are able to give price quote information.
Selecting an insurance agent should include more criteria than just the premium amount. Any agent in Columbia should be willing to answer these questions.
- Will your rates increase after a single accident?
- Who are their largest clients?
- What discounts might you be missing?
- Is the quote a firm price?
- Can they give you a list of client referrals?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
Upon receiving positive responses to any questions you have as well as offering an affordable quote, you may have found an insurance agent that can be relied on to service your policy. Just remember you are able to terminate coverage whenever you choose to so don't think you're contractually obligated to the car insurance policy for any length of time.
Don't give up on cheaper coverage
A few companies do not provide price quotes online and these regional insurance providers sell through independent agents. Lower-priced insurance in Columbia can be found online and also from your neighborhood Columbia agents, and you need to price shop both to get a complete price analysis.
As you prepare to switch companies, do not reduce coverage to reduce premium. There are a lot of situations where an insured dropped physical damage coverage to discover at claim time that it was a big mistake. Your goal is to purchase a proper amount of coverage at the best cost but still have enough coverage for asset protection.
Additional detailed information can be found at these sites:
- Credit Impacts Car Insurance Rates (State Farm)
- Who Has the Cheapest Auto Insurance Quotes for a Company Car in South Carolina? (FAQ)
- What is the Cheapest Car Insurance in Mauldin, South Carolina? (FAQ)
- What is the Cheapest Car Insurance in Myrtle Beach, South Carolina? (FAQ)
- What is the Best Car Insurance in Sumter, South Carolina? (FAQ)
- Top Signs Your Brakes are Giving Out (State Farm)
- Comprehensive Coverage (Liberty Mutual)
- Older Driver Statistics (Insurance Information Institute)